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Black Book recently published an update to their COVID-19 Market Updates, which includes: current wholesale prices & price trends, used wholesale price trends & projections, a look at the retail vertical, new vehicle sales outlook, and used vehicle supply projections.
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In the wake of COVID-19, dealers and F&I managers are wondering what continued impact this pandemic will have on the industry. Black Book’s SVP of data science and VP of automotive valuations, shared their analyses and predictions, of what you and other automotive executives may face as we move forward.
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Black Book recently published an update to their COVID-19 Market Updates.
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Black Book data now powers the algorithm being used to determine the vehicle’s value and margin.
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April saw the largest drop (-7.9 points) since the Index’s inception in 2005.
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Susan Moritz joins as vice president of Black Book’s Data Licensing Team.
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Online trade widget for lead capture combines with a closing tool on the showroom floor.
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Alex Yurchenko, Laura Wehunt, and Kyle Luck expand their leadership roles.
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Black Book’s Used Vehicle Retention Index shows a 1.4% month-over-month increase in August, a month in which all but a few pre-owned segments showed improvement.
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